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28th Apr 2020 20:20U.K., U.K. Key Issues, Economic Monitor

Sterling's shaky performance so far this year-- the trade-weighted index currently is 3% below its end-2019 level and was down 8% at the peak of the mid-March market frenzy--raises the question of whether a renewed depreciation would have a better chance of boosting GDP growth than last time.

sterling depreciation brexit net trade trade deal supply chains imports price changes sterling gbp gdp inventories exporters goods exports economies currencies export prices import wto sterling eu european union u.k. firms sterling depreciation current account deficit u.k. trade talks import prices food fuel

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Keywords for: 29 Apr 2020 Would a Depreciation of Sterling be Stimulative this Time?

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